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Nonprofit · EIN 84-4074007

SHEARER-OWEN MUSIC FOUNDATION

Tax-exempt · SHERMAN OAKS, CA 91403

Financials

$1.1M$115K2023$2.4M$142K2024
Revenue Expenses · by fiscal year end
Financials of SHEARER-OWEN MUSIC FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$2,377,820$142,217$2,235,603$5,010,257$0$5,010,257
December 31, 2023990-PF$1,148,210$114,546$1,033,664$2,776,318$0$2,776,318
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,251,871
Dividends
$112,667
Interest
$7,533
Net gain from sales of assets
$5,749

Expenses

Grants and similar amounts paid
$110,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$119,217
Excise tax on investment income
$15,069

Balance sheet and other

Total assets, start of year
$2,776,318
Total assets, end of year
$5,010,257
Total liabilities, end of year
$0
Net assets, end of year
$5,010,257
Fair market value of assets
$5,179,266
Qualifying distributions
$119,217
Net investment income
$1,092,120

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOHN POWER
15303 VENTURA BLVD 1600, SHERMAN OAKS, CA 91403
DIRECTOR, PRESIDENT, AND TREASURER2$0
ANNA DERPARSEGHIAN
15303 VENTURA BLVD 1600, SHERMAN OAKS, CA 91403
DIRECTOR, SECRETARY0.1$0
HARRY SHEARER
15303 VENTURA BLVD 1600, SHERMAN OAKS, CA 91403
DIRECTOR0.5$0
JUDITH OWEN
15303 VENTURA BLVD 1600, SHERMAN OAKS, CA 91403
DIRECTOR0.1$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
JOHN POWER
15303 VENTURA BLVD 1600, SHERMAN OAKS, CA 91403
DIRECTOR, PRESIDENT, AND TREASURER2$0
ANNA DERPARSEGHIAN
15303 VENTURA BLVD 1600, SHERMAN OAKS, CA 91403
DIRECTOR, SECRETARY0.1$0
HARRY SHEARER
15303 VENTURA BLVD 1600, SHERMAN OAKS, CA 91403
DIRECTOR0.5$0
JUDITH OWEN
15303 VENTURA BLVD 1600, SHERMAN OAKS, CA 91403
DIRECTOR0.1$0

Address and contacts

Address (IRS master file)
15303 VENTURA BLVD STE 1600, SHERMAN OAKS, CA 91403-3133
In care of
% JOHN G POWER
Signed the 990-PF
JOHN POWER, PRESIDENT
Phone
(818) 793-5730
Return prepared by
MICHAEL BERRY CPA

California records

California keeps its own records of charities and corporations. Search them by EIN 84-4074007 or by the name SHEARER-OWEN MUSIC FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
84-4074007
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2021
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$5,010,257
Income (IRS master file)
$4,495,342

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$2,377,820$142,217$5,010,257XML
990-TDecember 2024–––IRS
990-PFDecember 2023$1,148,210$114,546$2,776,318XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-4074007).

Questions about SHEARER-OWEN MUSIC FOUNDATION

What is the EIN of SHEARER-OWEN MUSIC FOUNDATION?
The employer identification number (EIN) of SHEARER-OWEN MUSIC FOUNDATION is 84-4074007.
Is SHEARER-OWEN MUSIC FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to SHEARER-OWEN MUSIC FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SHEARER-OWEN MUSIC FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of SHEARER-OWEN MUSIC FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SHEARER-OWEN MUSIC FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of SHEARER-OWEN MUSIC FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does SHEARER-OWEN MUSIC FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,377,820, expenses of $142,217 and total assets of $5,010,257 at year end.

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